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Feb 9, 2013
02/13
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baltimore might be the title town, but the city's tax and spending problems could bring it down. now the cavuto team say some in washington are taking a page out of baltimore's play book that could sack us all. that's at the bottom of the hour, but up here, first, those automatic spending cuts bearing down. now, the scare tactics from both sides are ramping up. but someone here says the real scare is if these automatic cuts don't happen. we explain. you decide if you should hide. more "likes." more tweets. so, beginning today, my son brock and his whole team will be our new senior social media strategists. any questions? since we make radiator valves wouldn't it be better if we just let fedex help us to expand to new markets? hmm gotta admit that's better than a few "likes." i don't have the door code. who's that? he won a contest online to be ceo for the day. how am i supposed to run a business here without an office?! [ male announcer ] fast, reliable deliveries worldwide. fedex. bob will retire when he's 153, which would be fine if bob were a vampire. but he's not. ♪ he's an
baltimore might be the title town, but the city's tax and spending problems could bring it down. now the cavuto team say some in washington are taking a page out of baltimore's play book that could sack us all. that's at the bottom of the hour, but up here, first, those automatic spending cuts bearing down. now, the scare tactics from both sides are ramping up. but someone here says the real scare is if these automatic cuts don't happen. we explain. you decide if you should hide. more...
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Feb 2, 2013
02/13
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he has deep mistrust of the government. let's go to midland city, alabama. gabe gutierrez is standing by. what about negotiations? did they continue overnight? did they result with anything? >> reporter: good morning, alex. police aren't leasing much information on how o they are talking with the suspect. only they are talking with him through a ventilation pipe. this stand offhoff dragged on f hours. some concern over the drop in temperatures, how it's affecting the child overnight. the child is physically unharmed. police released a picture of the suspect. 65-year-old jimmy lee dykes. nbcfirmed in the navy in the '60s. he earned the a vet nam service medal. the school bus was towed away, that had been at the crime scene tuesday afternoon. dykes boarded that school bus and demanded a few children. when the bus driver refused, dykes shot and killed away and made away with a 5-year-old boy named ethan, believed to have asperger's syndrome. they have been holed up in this bunker now for several days now. police are communicating with him through a ventilation
he has deep mistrust of the government. let's go to midland city, alabama. gabe gutierrez is standing by. what about negotiations? did they continue overnight? did they result with anything? >> reporter: good morning, alex. police aren't leasing much information on how o they are talking with the suspect. only they are talking with him through a ventilation pipe. this stand offhoff dragged on f hours. some concern over the drop in temperatures, how it's affecting the child overnight. the...
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Feb 27, 2013
02/13
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. >>> in the spotlight, the unbelievable cost of modern medicine. so a 30-year-old man, oklahoma city, we'll call him steve h., suffered from back pain, nothing too uncommon, adults in the country get pain often for back pain. steve had an element planted in his back, be in and out, same day surgery, steve wouldn't even have to spend a single night in the hospital. plus, he was insured through his union, which had an annual payout of $60,000. and he still had thousands to spend. how much could a routine out-patient procedure for a stop-watch sized thing cost? well, cost steve $86,000. and little did he know the cost of the stimulater would wipe out his payout. nobody told him it had a price tag of $49,237. on top of that, he was charged for the marker they used to write on his back, another $32 for a blanket, yes, a reusable hospital blanket to keep him warm. he had to pay $39 for the larger hospital gown, not the win he wore, the surgeon's gown, you can buy them for six apiece. unfortunately, steve h.'s story is not uncommon. they take a look at st
. >>> in the spotlight, the unbelievable cost of modern medicine. so a 30-year-old man, oklahoma city, we'll call him steve h., suffered from back pain, nothing too uncommon, adults in the country get pain often for back pain. steve had an element planted in his back, be in and out, same day surgery, steve wouldn't even have to spend a single night in the hospital. plus, he was insured through his union, which had an annual payout of $60,000. and he still had thousands to spend. how...
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Feb 15, 2013
02/13
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la laws, but people can go to city boreds other to indiana, right across the state borders and buy without a background check all the groups that they want. that is exactly why we need national regulations, why we need universal background checks. the accessibility of guns is just too much. >> it's interesting, i was talking with a republican conservative from louisiana yesterday and he's watched this debate from both sides. we were discussing universal background checks and during our conversation, it really hit home to him the notion that someone can go to a private owner or a gun show and buy a gun, a weapon, without any i.d., without any background check i should say. 92% of americans, including nra members support this. why do you believe the nra is still defiant, at least on universal background checks where people cannot just walk to a gun show or walk to a private home and walk away with a weapon? >> the answer is really simple, tamron. the leadership of the nra, the top executives of the nra, their business is helping the ma manufacturers, their organizational supporters, to sell
la laws, but people can go to city boreds other to indiana, right across the state borders and buy without a background check all the groups that they want. that is exactly why we need national regulations, why we need universal background checks. the accessibility of guns is just too much. >> it's interesting, i was talking with a republican conservative from louisiana yesterday and he's watched this debate from both sides. we were discussing universal background checks and during our...
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Feb 25, 2013
02/13
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CNBC
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they intend to roll out the first store in new york city. that's not for a while now. but more important they're spending big on the nordstrom website. nordstrom's is moving aggressively into mobile. last year, mobile accounted for a fifth of the total sales and it grew at a 31% clip last quarter. it can help the stock to continue to power higher in a world where everyone gets 3 and 4-g. the next gatsby component, how about ralph lauren -- maybe this isn't the best example. this is the premiere high end apparel brand. nothing says preppy like polo. they earned 240 a share. these companies are doing better even if their stocks aren't. and it gave very healthy guidance for 2013. this is what happens when you have a brand that's perceived to be on the high end of things. the money flows in because people cannot resist a little bit of conspeck shouse consumption. look at coach. they're a dog because they're widely perceived as having fallen behind on the style curve with the merchandise. i don't think ralph lauren will fall prey because they have staying power and they hav
they intend to roll out the first store in new york city. that's not for a while now. but more important they're spending big on the nordstrom website. nordstrom's is moving aggressively into mobile. last year, mobile accounted for a fifth of the total sales and it grew at a 31% clip last quarter. it can help the stock to continue to power higher in a world where everyone gets 3 and 4-g. the next gatsby component, how about ralph lauren -- maybe this isn't the best example. this is the premiere...
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Feb 15, 2013
02/13
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CNBC
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some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. but we can still help you see your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, gain insights, and figure out what you want to do next. all in one place. i'm meredith stoddard and i helped create the fidelity guided portfolio summary. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. investor. yeah, i'm a serious investor but i'm a busy guy. it used to be easier but now there are more choices than ever. i want to know exactly what i am investing in. i want to know exactly how much i'm paying. i want to use the same stuff the big guys use. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk inc
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. but we can still help you see your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, gain insights, and figure out what you want to do next. all in one place. i'm meredith stoddard and i helped create the fidelity guided portfolio summary. it's one more innovative reason serious investors are...
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Feb 26, 2013
02/13
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in kansas city we had problem on the road. the road crews with bigamous, had a hard time staying ahead of it. it hit in the middle of the night so they were able to plow. cars on the street slipped around, a lot of them got stuck. the issue now is all of this snow that is stuck to the trees, that's weighing down the tree branches, that weighs into the power lines and hard for the power crews, utility crews to fix the lines. we got 40,000 people in the area right now without power, neil. >> neil: more than 2,000 nights cancelled in the past 72 hours, and it ain't over yet. right now old man winter taking aim at major midwest travel areas, including chicago's o'hare. >> mike had the exact right idea. it's everybody's problem when it hates o'hare. here are the latest numbers. look around up to. at it rush hour -- well, whacker drive along the river. wet, heavy snow, and the pictures don't do it justice. it's wintry mix of snow, sleet, freezing rain. a real mess out here. and of course coming at the worth possible time, and the sn
in kansas city we had problem on the road. the road crews with bigamous, had a hard time staying ahead of it. it hit in the middle of the night so they were able to plow. cars on the street slipped around, a lot of them got stuck. the issue now is all of this snow that is stuck to the trees, that's weighing down the tree branches, that weighs into the power lines and hard for the power crews, utility crews to fix the lines. we got 40,000 people in the area right now without power, neil....
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Feb 25, 2013
02/13
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. >>> and we will take you live to las vegas to see whether the recent violence there in sin city could scare away badly needed tourist. >>> sue herera is where me today. you remember sue herera. we will see you at the top of the hour for the all important last hour of the trading day. >> thank you very much, bill. >>> horse meat scandal has reached ikea. traces of horse meat has been found in the famous chain meat balls. they were sold in 13 other countries across europe. ikea says they pulled the tainted meat balls from the shelves and no other shipment were effected. >>> let's get back to what is happening in the market. our bread and butter, a market flash with julia boorstin, what are you watching? >> shares trading about 9.5%. even higher this morning on news that laying off 30 people and consolidating others as it looks to drive profitability. this is the second trading session sense legalizing gambling. now zynga stock is down 75% in the past year. but wall street sees potential in gambling revenue like hits from zynga poker. brian? >> julia boorstin, thank you very much. >>> no
. >>> and we will take you live to las vegas to see whether the recent violence there in sin city could scare away badly needed tourist. >>> sue herera is where me today. you remember sue herera. we will see you at the top of the hour for the all important last hour of the trading day. >> thank you very much, bill. >>> horse meat scandal has reached ikea. traces of horse meat has been found in the famous chain meat balls. they were sold in 13 other countries...
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building back in the '70s, and at that time the whole city was crumbling and then we elected ed koch, and he was a civic savior for our city in for times. >> after he left officer, koch was in radio and a judge on "the peoples' court." and he had a cameo on "sex in the city." >> they couldn't get ed koch? >> what's the problem. >> there he is down the runway. one of the many times he appeared as himself, and former mayor, ed koch, 88 years old, and his funeral will be monday. >>> here is also what we are working on for this hour. he is being called a liar. what an "american idol" wannabe told the judges. >>> and we are calling about culver came out saying he doesn't want gay men in the locker room, but now other players are not accepting the apologize. >>> and a look at the interactive ads that will keep you involved all during the big game. .. but when i started losing energy and became moody... that's when i had an honest conversation with my doctor. we discussed all the symptoms... then he gave me some blood tests. showed it was low t. that's it. it was a number -- not just me. [ m
building back in the '70s, and at that time the whole city was crumbling and then we elected ed koch, and he was a civic savior for our city in for times. >> after he left officer, koch was in radio and a judge on "the peoples' court." and he had a cameo on "sex in the city." >> they couldn't get ed koch? >> what's the problem. >> there he is down the runway. one of the many times he appeared as himself, and former mayor, ed koch, 88 years old, and...
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, being in the city, near the shows, near the trend mr. jack hotels and restaurants and this is that. the real-estate firm that is listing this place as well as all the other places in this building over a century old building say that the fourth quarter of 2012 was the best for man hadn't real-estate of any fourth quarter over the past 25 years, apartment and condos in this city are selling like hotcakes in anticipation of the fiscal cliff. they have a lot of sales. the u.s. dollar, a lot of international buyers and i found this interesting, baby boomers that normally buy a place in sunny florida from long island to new jersey are now going to the city. they want their kids to be near bars and restaurants, it there's a changing demographic going on here so we will be talking about this all day long from the middle of manhattan so we will go to another $2 million home in new jersey where adam shapiro is located, see what you can get there. adam: i will take your washer and dryer and up you to your own private steam back in one of these sho
, being in the city, near the shows, near the trend mr. jack hotels and restaurants and this is that. the real-estate firm that is listing this place as well as all the other places in this building over a century old building say that the fourth quarter of 2012 was the best for man hadn't real-estate of any fourth quarter over the past 25 years, apartment and condos in this city are selling like hotcakes in anticipation of the fiscal cliff. they have a lot of sales. the u.s. dollar, a lot of...
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Feb 26, 2013
02/13
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MSNBC
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the only output of this city is the government. and there should be deals across the aisle. between the president and the congress. without deals there could be no action. because only if this democratic president and this republican house of representatives can reach the accommodation, we are stuck right where we are today. not passing budgets, not dealing with the debt, not ending these endless manufacturing crises now coming at us with disgusting regularity. where's the deal to save us from this? the president said no deal until the republicans pony up enhancing tax reform. speaker boehner says no tax reform until there's entitlement reform. both sides know their bases. they know they can go on with the decisions as long as their political bases support them. this could be a long time. boehner's biggest worry isn't the president. it's the tea party members of his own caucus that might bring him down. the president's biggest worry is that boehner alone it's the democrats who will resolve him. the only question to which i do not know the answer is how in the world can boehn
the only output of this city is the government. and there should be deals across the aisle. between the president and the congress. without deals there could be no action. because only if this democratic president and this republican house of representatives can reach the accommodation, we are stuck right where we are today. not passing budgets, not dealing with the debt, not ending these endless manufacturing crises now coming at us with disgusting regularity. where's the deal to save us from...
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Feb 2, 2013
02/13
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CNNW
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but that laid the way for the complete rehabilitation of the city. you don't see ruins in the south bronx anymore. that didn't happen by itself. >> let's talk about his personal life. he was an open book about everything except his sexual orientation. he was never married. a lot of folks speculated about him. did he talk to you about that for the film? >> sure. you know, it's important part of his political biography. because ever since he was running for elective office, he's been hounded by stories that he was gay. in 1977, when he was returning against mayor cuomo, there were signs vote for cuomo not the homo. he was asked about it. he was born in 1924, in 1977, you could be gay or you could be mayor, but you couldn't be both. so i think his unwillingness to say whether or not he was gay reflects a generational aspect of him. and he's a stubborn guy so he stayed with it through the end. so we did discuss it. and i discussed it in the context of the gay crisis. because many felt because he was in the closet he was less prone to want to identify wit
but that laid the way for the complete rehabilitation of the city. you don't see ruins in the south bronx anymore. that didn't happen by itself. >> let's talk about his personal life. he was an open book about everything except his sexual orientation. he was never married. a lot of folks speculated about him. did he talk to you about that for the film? >> sure. you know, it's important part of his political biography. because ever since he was running for elective office, he's been...
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Feb 11, 2013
02/13
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CNBC
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some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. scalpel. clamp. glitter. [ male announcer ] staples has everything your business needs. even custom banners. and now get 50% off banners and posters. staples. that was easy. even custom banners. >>> we all know the stock market is an endless capacity to surprise. and befuddle. even the most grizzled stock veteran like myself. we recognize that whenever we buy a stock, there's a good chance the investment just won't work out. but nobody likes to dwell on the idea that all we do is make mistakes. tough cookies. tonight i'm putting on my negative nancy hat. i'm going into the glass half empty mode and in the immortal words of joe e. brown in "some like it hot" nobody is perfect. why? maybe they think i'm a misanthrope. a stock sadist who is spreading despair and making people miserable? no, guess whose job that is? washington's. i do it because i want to help you compensate for your own fallibility to make sure that you're as prepared as possible caused by the slings an
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. scalpel. clamp. glitter. [ male announcer ] staples has everything your business needs. even custom banners. and now get 50% off banners and posters. staples. that was easy. even custom banners. >>> we all know the stock market is an endless capacity to surprise. and befuddle. even the most grizzled stock veteran like myself. we recognize that whenever we buy a stock, there's...
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Feb 26, 2013
02/13
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to require older people in the city to come up with a photo i.d. card when there was no reason for them to have such an i.d. card. they live if had the city. and all of a sudden all these democrats were basically disenfranchised. that law's basically in suspension right now. where's that going to end up? is that going to be back on the books again? >> that's right. and you're right. right now there's an injunction. the injunction is going to stand for the may primary at least. then it goes before the court. trial date is set for july. we'll see what happens then. >> okay. let's go into a subject we in pennsylvania hate to talk about. gun control. gun safety. what do you think the people of pennsylvania would accept? what do you think the people should accept? should there be a gan on assault weapons? should there be new background checks? what do you think should get done here after newtown, connecticut? >> well, i think the people -- yeah. the people of pennsylvania are very reasonable people. i mean, we're hunters. we're fishermen. we're sportsme
to require older people in the city to come up with a photo i.d. card when there was no reason for them to have such an i.d. card. they live if had the city. and all of a sudden all these democrats were basically disenfranchised. that law's basically in suspension right now. where's that going to end up? is that going to be back on the books again? >> that's right. and you're right. right now there's an injunction. the injunction is going to stand for the may primary at least. then it...
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Feb 26, 2013
02/13
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the ten-city composite up 5.9%. the 20-city composite up 6.8%. david blitzer is the chairman of the s&p 500 index committee. david, welcome back. good morning. >> good morning. >> pretty good numbers to close out the year. people still trying to get their arms around how distressed properties are moving some of these prices, especially in key markets. >> that's right. i think the overall picture is very, very strong. the national index, which is up 7.3% for the four quarters, ended with the end of 2012. so really, all across the country things look good. only one city of all 20 was down on the year-over-year basis. >> still, though, i'm told the index is heavily skewed by the share of distressed. that's why atlanta could be down 17%. and now up 10% year-over-year. are these numbers, are they reflective of what's happening with real buyers? >> yes, i think they are reflective of what's actually happening with real buyers. what we've seen in city after city over the last couple of years is the city will get hit with a wave of foreclosure activity.
the ten-city composite up 5.9%. the 20-city composite up 6.8%. david blitzer is the chairman of the s&p 500 index committee. david, welcome back. good morning. >> good morning. >> pretty good numbers to close out the year. people still trying to get their arms around how distressed properties are moving some of these prices, especially in key markets. >> that's right. i think the overall picture is very, very strong. the national index, which is up 7.3% for the four...
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Feb 27, 2013
02/13
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>> scott, atlantic city and its 12 casinos all winners. at least in the near term. second largest gaming market in the u.s., ac's $3 billion in revenue last year, 43% below the peak in 2006. any additional business is welcome. the two biggest players in the market to benefit the most from the addition of online players, caesars with four worked out but basically only licensed casinos will be able to run the jn line operations. to play, residents will likely to to register as they do in the uk where on-line gambling is legal. it will take another 6 to 12 months for it all to get up and running. pay-off? 1.5 billion added to fis al in 2015. uncertainty about demand in the garden state and questions about whether on-line betting will hurt the brick and mortar business and questioning whether on-line gaming is enough to save ac's casinos. new competition from properties on-line in baltimore and d.c. wi will hurt them. the state and casinos can't bet on that yet. back to you, scott. >> mary, thank you very much. we saw zynga get the nevada pop the other day pip think you
>> scott, atlantic city and its 12 casinos all winners. at least in the near term. second largest gaming market in the u.s., ac's $3 billion in revenue last year, 43% below the peak in 2006. any additional business is welcome. the two biggest players in the market to benefit the most from the addition of online players, caesars with four worked out but basically only licensed casinos will be able to run the jn line operations. to play, residents will likely to to register as they do in...
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Feb 9, 2013
02/13
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in boston, one for the record books in the city of boston. as of the latest. to show you how strong the winds were across many cities in parts of new england and also into areas further off to the south, take a look at some of these gusts that were reported from the storm system. in the 80s. 81 mile-an-hour winds in portland, connecticut and massachusetts, 83 mile-per-hour winds. so we're talking hurricane-force winds out here in portions of new england and even in areas further off to the south. snow reports again, some places picking up three feet of snow across portions of connecticut, incredible stuff. portions along long island, 30 inches and in boston 24.9 inches of snow. incredible stuff from the storm system. the center is pulling away from the area. it's not over yet. what we have strong winds in parts of maine and massachusetts are dealing with wind and snow coming down heavily at times across eastern portions of maine. still some more snow to talk about portions of maine. snow is pretty much over in portions of connecticut and new york city and also
in boston, one for the record books in the city of boston. as of the latest. to show you how strong the winds were across many cities in parts of new england and also into areas further off to the south, take a look at some of these gusts that were reported from the storm system. in the 80s. 81 mile-an-hour winds in portland, connecticut and massachusetts, 83 mile-per-hour winds. so we're talking hurricane-force winds out here in portions of new england and even in areas further off to the...
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Feb 13, 2013
02/13
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keynote address at the hair bonn investment conference here in new york city. the understatement of thor yao, he said he's a little bit obsessed with herbalife. he did spend most of his keynote on herbalife. he thanked carl icahn and dan lowe for making it a bigger story. and that the attention that it's getting means that regulators will pay more attention to it. he said the biggest risk in getting into the story is that regulators wouldn't focus on the company, but now it looks like they are getting that focus and that publicity was the key to that. he was addressing the question on the hong kong dollar, his major call last year. of course, we'll be monitoring this story. we saw that herbalife shares were trading lower on the back of some of these comments. going to take a break here. coming up next, afterhours action. we are on the earnings call for the latest developments on cisco. leon cooperman signs onto facebook and logs off of apple. we tackle the reasons you may want to friend social media stock, as well. be right back. >>> still to come on "fast," in
keynote address at the hair bonn investment conference here in new york city. the understatement of thor yao, he said he's a little bit obsessed with herbalife. he did spend most of his keynote on herbalife. he thanked carl icahn and dan lowe for making it a bigger story. and that the attention that it's getting means that regulators will pay more attention to it. he said the biggest risk in getting into the story is that regulators wouldn't focus on the company, but now it looks like they are...
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Feb 21, 2013
02/13
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, and even the mayor of kansas city says it's not the end of the world. >> this city is still functioning on a necessary level, but we're going to take today off and enjoy the kid home from school. go sledding down the hills. but the main thing is staying at home and staying safe. reporter: it is tough going on the roadways. more than 90 miles on the main east-west interstate, i-70, closed to traffic. that will impact interstate commerce and business travel. other major highways could close as well. the storm may only last 24 hours but will have a severe economic impact. so perhaps it's no surprise the governors of both kansas and missouri have declared states of emergency. back you. >> neil: in the meantime, where is this monster headed next? rick knows. >> still right across the central plains, part moving to the north, part the south and bring flooding but, nebraska and kansas, the two bull's eye areas with the heaviest of the snow. and the drought is across much of nebraska and kansas. any storm like this is nothing but good news for the farmers across the area. we desperately need it
, and even the mayor of kansas city says it's not the end of the world. >> this city is still functioning on a necessary level, but we're going to take today off and enjoy the kid home from school. go sledding down the hills. but the main thing is staying at home and staying safe. reporter: it is tough going on the roadways. more than 90 miles on the main east-west interstate, i-70, closed to traffic. that will impact interstate commerce and business travel. other major highways could...
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Feb 12, 2013
02/13
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try city. well, maybe he has a 13 deal right now. i asked the ceo to bring these games back. the point is that the stocks and bonds is that stocks are fascinating enough. to get your kid started on them right now. when you have your kids started on stocks and bonds pick some stocks. they are performing in a good way, but if companies maybe your kids are familiar with. guess what they will do over a period of time. so here is the bottom line of my childhood stock market obsession. get them started early and maybe they will play for life. the stock market is a long-term contest and one i think the earlier you get in, okay, the more you can win. let's go to loretta in arizona. >> hi captain cramer a big booyah to you. >> love phoenix. >> okay what steps should an investor take when a company they thought was solid with a strong monthly dividend s sursuffsuffers a steep drop hold them or fold them? >> a lot of the monthly ones are oil related. free port a few years back cut the dividend. that of course is kp copper and gold. it can mark the bottom and i think that is what you hav
try city. well, maybe he has a 13 deal right now. i asked the ceo to bring these games back. the point is that the stocks and bonds is that stocks are fascinating enough. to get your kid started on them right now. when you have your kids started on stocks and bonds pick some stocks. they are performing in a good way, but if companies maybe your kids are familiar with. guess what they will do over a period of time. so here is the bottom line of my childhood stock market obsession. get them...
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Feb 12, 2013
02/13
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get the nokia lumia 822 in red for free and discover all the things to do on the go with city lens. or the droid razr m by motorola in pink for $49.99. everything droid does in an edge-to-edge display. hurry in, because the sale ends february 20th. powerful devices. powerful network. verizon. gerri: the u.s. postal service on moving to cut service on saturday is being met by shock. today, 25 members of congress' new york delegation sent a letter decrying the move, some were republicans some were democrats, truth is the smarter move in cutting service on saturday would be to cut service monday through friday, and be open saturday only, postal service is broke, no matter how much hammering there is in congress we can't afford it, if things keep up this way, we know they will come for a taxpar bail out, in final three months of last year, the postal service lost nearly 1.1 billion, it losing 25 million-dollars each day. in truth, usps is biggest pay patronage system in the nation, their wages and benefits comprise 80% of the usps operating expenses, 4 out of 5 operating dollars goes to
get the nokia lumia 822 in red for free and discover all the things to do on the go with city lens. or the droid razr m by motorola in pink for $49.99. everything droid does in an edge-to-edge display. hurry in, because the sale ends february 20th. powerful devices. powerful network. verizon. gerri: the u.s. postal service on moving to cut service on saturday is being met by shock. today, 25 members of congress' new york delegation sent a letter decrying the move, some were republicans some...
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Feb 9, 2013
02/13
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LINKTV
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mcallen is not only the most obese, but also the poorest city in the us. poor people are much more susceptible to becoming obese. mcallen's streets are lined with fast food restaurants. we bought $10 worth of fruits and vegetables here at the market. as you can see, it is hardly enough to feed a family of four. this is $10 worth of fast food. hamburgers, fries, soft drinks. it is easy to see how parents trying to feed their families on tight budgets are almost forced to choose fast food full of sugar, salt, and fat. now alert to the dangers of bad food choices, hector and his mother go regularly to see a dietitian. he says the boy is making good progress. >> i am so proud of you. >> he recalls another patient with a terrifying list of symptoms. >> hypertension, hyperlipidemia. that child, he will not live to be a senior. >> faced with diet, exercise, and a concerned parent, hector 's chances of living a long and healthy life have improved. but for many boys and girls of his generation, the chance is there that obesity will steal years from their lives. rob
mcallen is not only the most obese, but also the poorest city in the us. poor people are much more susceptible to becoming obese. mcallen's streets are lined with fast food restaurants. we bought $10 worth of fruits and vegetables here at the market. as you can see, it is hardly enough to feed a family of four. this is $10 worth of fast food. hamburgers, fries, soft drinks. it is easy to see how parents trying to feed their families on tight budgets are almost forced to choose fast food full of...
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Feb 1, 2013
02/13
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CNBC
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one of the few losers today down almost 3%. likely on continuation from its earnings earlier in the week. stock also getting hit with multiple downgrades over the last few days. interesting that those high flyers in technology like facebook and apple are down on a day where the markets are up so significantly the dow up 139. the moment you've all been waiting for in honor of jobs friday. we've been asking our viewers to tweet us their week long, all week long their guess estimates of today's jobs number. a couple of you actually nailed the number but only one got the entry in first. adrian texiera trader, father of three boys from pembroke pines, florida tweeted in exactly 157,000 early thursday. couldn't join us this morning but did tell us earlier he plans to hang the blanket in his office. congratulations to you. that's it for us on this dow 14,000 day. as we hit noon let's get to fast money halftime over at post 9. >> thanks, carl, a special edition of halftime today live from the new york stock exchange where we've watched
one of the few losers today down almost 3%. likely on continuation from its earnings earlier in the week. stock also getting hit with multiple downgrades over the last few days. interesting that those high flyers in technology like facebook and apple are down on a day where the markets are up so significantly the dow up 139. the moment you've all been waiting for in honor of jobs friday. we've been asking our viewers to tweet us their week long, all week long their guess estimates of today's...
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Feb 25, 2013
02/13
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CNBC
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eye 122
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tier one cities, the 25 million plus population cities, they're maturing. but the tier two and three cities, the stiffs that are only 10 million or 5 million populations, those are huge cities by western standards, there's a lot of growth going on there. the infrastructure growth in china's going on, they have 50 years of runway to come close to where europe and north america are right now. the chinese are thinking across multiple decades and generations. we're thinking across multiple decades and generations. we're not thinking about what's next week. so, we're building for the long-term. >> so, let me ask you, for your u.s. customer, which effects her most, stock market levels, employ or housing? what's the most relevant factor, or some other? >> from what we can understand, the behavior of the consumer, employment, number one. spousal partner employment number two, maybe housing as an indicator whether they have disposal income three, stock market doesn't seem to say, stock market's up today, i'm buying something tomorrow. i don't believe that's an influ
tier one cities, the 25 million plus population cities, they're maturing. but the tier two and three cities, the stiffs that are only 10 million or 5 million populations, those are huge cities by western standards, there's a lot of growth going on there. the infrastructure growth in china's going on, they have 50 years of runway to come close to where europe and north america are right now. the chinese are thinking across multiple decades and generations. we're thinking across multiple decades...
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he just spoke to me and said ethan is coming out. >> the mayor of this town in midland city said the parents have not been here to decide. however, they are receiving updates every hour. >> i can't imagine who they're going through. so heard the sheriff says he has allowed us to provide, an interesting choice of words there, medicine and coloring books. do we know what the medicine is for? >> alan alabama state said he has ad/hd and as berger's. >> thank you so much for all of your updates. >> 19 minutes after the hour. let's bring you up to speed with the top stories. president obama hits the road trying to sell his 35-point plan to battle gun violence. minneapolis is already on board with many of his plans. and still buzzing about this picture of the president at camp taeufd. he released it to silence those about shooting skeet. >> the group's executive vice president wayne la pierre saying the president wants to take away america's guns. things got a little testy when he suggested that the president believed his children deserved armed security while others tonight. >> it wasn't p
he just spoke to me and said ethan is coming out. >> the mayor of this town in midland city said the parents have not been here to decide. however, they are receiving updates every hour. >> i can't imagine who they're going through. so heard the sheriff says he has allowed us to provide, an interesting choice of words there, medicine and coloring books. do we know what the medicine is for? >> alan alabama state said he has ad/hd and as berger's. >> thank you so much for...
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Feb 8, 2013
02/13
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CNNW
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the first is stay off the city streets. stay out of your cars and stay in your homes while the worst of the storm is on us. that's for your own protection during potentially hazardous outdoor conditions. it is why we've canceled all friday after school activities, including the public school athletic league games, saturday classes and activities at public schools have also been canceled. staying off the streets will make it easier for city workers to clear streets of snow so that emergency vehicles can use them. and any vehicles found to be blocking roadways or impeding the flow of traffic will be subject to towing at the owner's expense. and by keeping ourselves out of harm's way, we'll reduce the hazards our first responders have to confront, as well. so double value in doing this. also, there is no need to panic buying gas for your cars. all indications are the gas supply is plentiful and distributors -- deliveries will not be disrupted. tonight what's a good idea? cook a meal, stay home, read a good book, watch a movie,
the first is stay off the city streets. stay out of your cars and stay in your homes while the worst of the storm is on us. that's for your own protection during potentially hazardous outdoor conditions. it is why we've canceled all friday after school activities, including the public school athletic league games, saturday classes and activities at public schools have also been canceled. staying off the streets will make it easier for city workers to clear streets of snow so that emergency...
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Feb 6, 2013
02/13
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CNBC
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. >> the whole thing with the dreamliners, it connects mitt size cities with the world, tokyo, europe and the idea service can be expanded to a range of cities. take a look at some cities planned around service. what's happened. san jose, california, they started nonstop service to tokyo through ana, costing the region now since they've had to stop estimated $214,000 a day in lost business. this is an estimate. the airports are careful not to give us exact numbers. next, san diego, california, japan airlines supposed to have nonstop service to tokyo. they've been putting a lot of time and effort in this. discount the landing fees and you don't have that service who knows how long. united, nonstop service, denver to tokyo, starting the end of marve, still saying we might hold out hope this will happen. nope. estimated impact 1$132 million annual revenue. >> that's big. >> that's huge. one last. houston, texas, flights to lagos, nigeria, london heathrow. >> that's all oil, houston going to lagos because of the oil industry. >> and it was cheaper to operate and mid-size cities that could
. >> the whole thing with the dreamliners, it connects mitt size cities with the world, tokyo, europe and the idea service can be expanded to a range of cities. take a look at some cities planned around service. what's happened. san jose, california, they started nonstop service to tokyo through ana, costing the region now since they've had to stop estimated $214,000 a day in lost business. this is an estimate. the airports are careful not to give us exact numbers. next, san diego,...
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Feb 14, 2013
02/13
by
FBC
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eye 78
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get the nokia lumia 822 in red for free and discover all the things to do on the go with city lens. or the droid razr m by motorola in pink for $49.99. everything droid does in an edge-to-edge display. hurry in, because the sale ends february 20th. powerful devices. powerful network. verizon. [ female announcer ] some people like to pretend a flood could never happen to them. and that their homeowners insurance protects them. [ thunder crashes ] it doesn't. stop pretending. only flood insurance covers floods. ♪ visit floodsmart.gov/pretend to learn your risk. gerri: another power grab by our imperial president, this time involving our nation's cybersecurity. >> i signed an executive order that will strengthen our cyberdefenses by increasing information sharing and developing standards to protect our national security, our jobs and privacy. gerri: but is more red tape the way to wage war on cyberattacks? tuning out is the managing director at madigan economics and a visiting scholar from the american enterprise institute. welcome to the show, well, we probably don't even know the s
get the nokia lumia 822 in red for free and discover all the things to do on the go with city lens. or the droid razr m by motorola in pink for $49.99. everything droid does in an edge-to-edge display. hurry in, because the sale ends february 20th. powerful devices. powerful network. verizon. [ female announcer ] some people like to pretend a flood could never happen to them. and that their homeowners insurance protects them. [ thunder crashes ] it doesn't. stop pretending. only flood insurance...
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Feb 19, 2013
02/13
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CNBC
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eye 80
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they have fiber deployment, cable deployment in kansas city. the developed android. >> sorry to jump in. that's a great point. that bothered me about google. they are good at making money one way and spending money in 100 ways. >> you said it in a much more eloquent sound bite than i'm able to come up. absolutely. that's the big issue. tarting to say they really created android to protect, a defensive move, not a growth move, to protect their role in search. same thing for buying motorola, protecting. none the economics of the core business which is search. a great business having more mobile products out there helped them. that would happen anyhow. it's really fascinating to me where google is able to spend, how much credit they and amazon get for that. we don't return, actually see earnings growth. >> thank you very much to all three of you. >> isn't it amazing how google is part of it, google. >> it's a verb. >> the new xerox. >> actually said i googled it. >> on deck, explosive report on how hackers are infiltrating america's biggest countr
they have fiber deployment, cable deployment in kansas city. the developed android. >> sorry to jump in. that's a great point. that bothered me about google. they are good at making money one way and spending money in 100 ways. >> you said it in a much more eloquent sound bite than i'm able to come up. absolutely. that's the big issue. tarting to say they really created android to protect, a defensive move, not a growth move, to protect their role in search. same thing for buying...
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. >> from the fox business studios in new york city, it's "the willis report" with gerri willis. gerri: the congressional budget office released in the fiscal for the next 10 years providing a look at how the deb deck is affecting the economy. rich edson is in d.c. with details. >> good evening. in the long-term, it is slowing us down. rational budget office forecast and $845 billion budget deficit this year, the first of less than a trillion dollars in five years. annual deficit deficit continueo shrink until 2017 when interest in health care costs increase deficits. in the next 10 years the u.s. will add almost $7 trillion to the national debt and totaled $26 trillion by 2023. while the national debt compared to the size of the economy stabilizes over the next decade, climbs much higher in the future. the director says the primary culprit, health care spending. >> we still see substantial growth in federal health care spending over the coming 10 years and beyond. that is importantly because the number of people who will be eligible for medicare will be rising very sharply. >> a
. >> from the fox business studios in new york city, it's "the willis report" with gerri willis. gerri: the congressional budget office released in the fiscal for the next 10 years providing a look at how the deb deck is affecting the economy. rich edson is in d.c. with details. >> good evening. in the long-term, it is slowing us down. rational budget office forecast and $845 billion budget deficit this year, the first of less than a trillion dollars in five years. annual...
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129
Feb 7, 2013
02/13
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CNBC
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. >>> live from the nasdaq market site in new york city's times square, ooem melissa lee. bank bull market. can the momentum continue. her take on the changing face of wall street. david versus goliath. karen finerman has the fine prohibit on david iron horn's plan. and somebody's watching you. who is stalking you on the internet? let's get straight to our traders and the top trades of the day. guy, what was your top trade? >> hey, mel! thursday, big storm coming. >> big storm. brewing. >> but there as a storm brewing in the asset managers. raymond james. you have seen this stock? we talked about it for awhile. look at the growth in assets. aum is the name -- rjf is the name. i'm sorry. i don't know where my head went. >> no do-overs. it's live tv. >> b.k.? >> you know, what's not working, i don't think, are the bigger banks. barclays in particular. that's one i would be short. two things out of europe today, the ecb tip tauped into the fx wores and started to get worried about things we were worried abo about, i mean b.k. and brian. ltro loans being paid back and banks pa
. >>> live from the nasdaq market site in new york city's times square, ooem melissa lee. bank bull market. can the momentum continue. her take on the changing face of wall street. david versus goliath. karen finerman has the fine prohibit on david iron horn's plan. and somebody's watching you. who is stalking you on the internet? let's get straight to our traders and the top trades of the day. guy, what was your top trade? >> hey, mel! thursday, big storm coming. >> big...
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Feb 20, 2013
02/13
by
FBC
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some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >> people will lose their jobs, jeopardizing the military readiness and thousands of teachers and educators will be laid off, tens of thousands of parents will have to scramble to find childcare for their kids. neil: and there will be famine and most likely firestorms. radiation. let me cut to the chase. he's $85 billion in automatic cuts go through, to be armageddon in our streets? the president make a case to avoid the sequestration cuts he helped create. he says because both sides would never allow it to come to this but barring any action, it will come to this, but before we begin spreading panic, let me impart a little reality. it may seem like a lot until heu realize $3.6 trillion budget, it is barely a rounding error. his $85 billion creating this kind of stink and barely moves the deficit neutral, what is going to happen when we have to cut a lot more than that and haven't shown any results at all? peter. >> the first thing you have to remember wwth this is 8
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >> people will lose their jobs, jeopardizing the military readiness and thousands of teachers and educators will be laid off, tens of thousands of parents will have to scramble to find childcare for their kids. neil: and there will be famine and most likely firestorms. radiation. let me cut to the chase. he's $85 billion in automatic cuts go through, to be armageddon in our...
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Feb 26, 2013
02/13
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CNBC
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today's "wall street journal" questions the big bonus citi paid lew. sounds a lot like revolving door crony capitalism. that's right. back with us now is mike ozanian, steve mcmahon, and kay bailey hutchison. mike, i don't know this guy. i don't know. i don't know why nyu had to give him a special severance payment. he left voluntarily. i don't know why citigroup had to give him a bonus. he went to the federal government. the stipulation was if you go work for the federal government, we will guarantee you a bonus. not if you go work for the red cross or a non-profit. this sounds to me like crony capitalism revolving door. >> you know what? i have so much respect for tim geithner, that to me this seems like such a downgrade. it's very disturbing to me. it bothers me even more than the nomination of chuck hagel. it just seems like the president is totally disengaged. no one vetted this guy. it's just crony capitalism, as you said. and the president spoke so vehemently for so long that this was something he was going to put a stop to. >> that's a key poin
today's "wall street journal" questions the big bonus citi paid lew. sounds a lot like revolving door crony capitalism. that's right. back with us now is mike ozanian, steve mcmahon, and kay bailey hutchison. mike, i don't know this guy. i don't know. i don't know why nyu had to give him a special severance payment. he left voluntarily. i don't know why citigroup had to give him a bonus. he went to the federal government. the stipulation was if you go work for the federal government,...
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Feb 28, 2013
02/13
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KPIX
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last night the sheriff's department took over patrolling the city. what's happening with that today and tonight? >> indeed. the police chief of santa cruz says it all. his officers are off duty until tomorrow morning. and the sheriff's department and the chp have assumed all patrol duties in the actual city of santa cruz to give the tight-knit police department the time they need to grieve to come together and to figure out how to deal with this tragedy one they have never faced before. >> that's going to last for a while, i take it. >> reporter: at least until tomorrow morning, is what the chief said. >> all right. mark sayre in santa cruz, thank you. >>> now, a fire crew that was on the way to help the fallen officers ended up caught in the crossfire of the final shootout. as their truck was hit by gunfire, those firefighters jumped into action to protect people passing by. >> at least one if not more fire department personnel actually took one citizen witness to the ground trying to save her from possibly being struck by gunfire. those fire person
last night the sheriff's department took over patrolling the city. what's happening with that today and tonight? >> indeed. the police chief of santa cruz says it all. his officers are off duty until tomorrow morning. and the sheriff's department and the chp have assumed all patrol duties in the actual city of santa cruz to give the tight-knit police department the time they need to grieve to come together and to figure out how to deal with this tragedy one they have never faced before....
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Feb 4, 2013
02/13
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CNBC
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>> caller: cramer, this is mike in the windy city giving you a chicago bears b-b-boo-yah. >> what's up? >> caller: if i short a stock, how long do i have to cover that short? >> forever. forever. that's one of the great things about shorting. stay short for as long as you want. if the stock goes up, they may ask you to put more money up, though, and that's where people get squeezed. okay. you've got to dig deep if you want deep profits. gross margins will guide you in figuring out the direction of a stock. and some things you'll only find on the conference calls. not the headlines. gross margins, that's on the call. stay with cramer. at a dry cleaner, we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. how do you keep an older car running like new? you ask a ford customer. when they tell you that you need your oil changed you got to bring it in. if your tires need to be rotated, you have to get that done as well. jac
>> caller: cramer, this is mike in the windy city giving you a chicago bears b-b-boo-yah. >> what's up? >> caller: if i short a stock, how long do i have to cover that short? >> forever. forever. that's one of the great things about shorting. stay short for as long as you want. if the stock goes up, they may ask you to put more money up, though, and that's where people get squeezed. okay. you've got to dig deep if you want deep profits. gross margins will guide you in...
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the soaring gun violence in the city. judge is here. i got a variety of questions about this. >> it's a profound issue. >> can you do this? can you bring in federal authorities to police a local municipality, question one. >> the only precedent for that in american history is where there are no local authorities, and the classic example is the american south during the early parts of the reconstruction period where the -- during the civil war, so much of the infrastructure, so much of the government of southern states, local and statewide was destroyed in the war. only american troops could maintain order. >> what federal troops brought in in the deep south in the days of the civil rights move the and again in the riots of 67 #. >> yes, those are discreet examples where local police would not enforce federal civil rights laws so president eisenhower, for example, jfk, for example, nationalized the -- federalized the national guard. took them away from the jurisdiction of southern governors, and he put them under the juris
the soaring gun violence in the city. judge is here. i got a variety of questions about this. >> it's a profound issue. >> can you do this? can you bring in federal authorities to police a local municipality, question one. >> the only precedent for that in american history is where there are no local authorities, and the classic example is the american south during the early parts of the reconstruction period where the -- during the civil war, so much of the infrastructure, so...
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lou: and digging into the facts in new york city means that you have to take note of the fact that the democratic registration in this city is 7-1 over everyone else. is not the case around the country. correct to point out stop and frisk which is very successful. but the statistic is so interesting about the low rate. we have a mass media that we did not have 50 years ago. what ends up happening is they sensationalize the mass murder. mass murders could huge coverage. a big emotional component, and you end up with a political impulse to try to do gun control act of it. what we are missing is that the huge majority of these mass murders and gun violence crimes are gang-related, and their is a big racial component which no one wants to talk about which is the overwhelming majority or minority and minority crime were gang-related 56 every jesse jackson takes credit call for the president to go to chicago. i have been waiting for that to happen when every talks about control because that is the son town. 506 people killed there. you have all sorts of this is a disgusting and appalling in
lou: and digging into the facts in new york city means that you have to take note of the fact that the democratic registration in this city is 7-1 over everyone else. is not the case around the country. correct to point out stop and frisk which is very successful. but the statistic is so interesting about the low rate. we have a mass media that we did not have 50 years ago. what ends up happening is they sensationalize the mass murder. mass murders could huge coverage. a big emotional...
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Feb 18, 2013
02/13
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WBAL
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of year the flu is already headed out for the season. >> the cdc report 11 states and new york city are still experiencing high activity. do not let your guard down yet. >> is one thing to have an occasional sneeze or cough, but when you're feeling right, it's in your best interest and of those around you to stay home for a day. >> george lettis, wbal-tv 11 news. >> sunny skies and cool temperatures across the area today, close to normal for this time of year, but definitely chile with a breeze. temperatures back into the low 30's. into the middle and upper 30's across the western part of the state. it will be a clear and chilly evening. off to the west, we're starting to see the next round of the next approaching storm producing rain as far north-chicago meaning it will be more weight than winter like. we will tell you the timing and when to expect more sleet and snow coming up. >> on this president's day, a new push to bring a closed recreational center back to life. one dozen community volunteers are leading the charge giving themselves a deadline three months away. lisa robinson joi
of year the flu is already headed out for the season. >> the cdc report 11 states and new york city are still experiencing high activity. do not let your guard down yet. >> is one thing to have an occasional sneeze or cough, but when you're feeling right, it's in your best interest and of those around you to stay home for a day. >> george lettis, wbal-tv 11 news. >> sunny skies and cool temperatures across the area today, close to normal for this time of year, but...
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Feb 8, 2013
02/13
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CNBC
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atlantic city is the key word here. according to wells fargo, this could mean up to $850 million in a year in revenue. right now, the bill would be just for people living in the state to be able to gamble online. other states with legal online gambling could utilize the new jersey site. the more states that do this, the bigger the business could become for new jersey. atlantic city could use the boost. revenue down about 40% in just the last seven years. there is a little bit of concern about some lost tourism, but governor christie basically said, the cost benefit analysis just makes sense to get in, and get in first. coming up, we'll talk about the possible implications with professional sports. all leagues are against this. we'll chime in on what they have to say about it. >> internet gambling is already legal in europe. there are stocks that are already moving up in london on the basis they'll be able to capitalize on this. >> that is definitely true. thank you, simon. >> there is a mover in the gaining space. let's
atlantic city is the key word here. according to wells fargo, this could mean up to $850 million in a year in revenue. right now, the bill would be just for people living in the state to be able to gamble online. other states with legal online gambling could utilize the new jersey site. the more states that do this, the bigger the business could become for new jersey. atlantic city could use the boost. revenue down about 40% in just the last seven years. there is a little bit of concern about...
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Feb 25, 2013
02/13
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FBC
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the minority kids in the inner cities and that actually isn't true at all. if you look at the top u.s. kids based on income and compare them to the top kids in other countries across the globe, you will see our kids actually ranked 23rd, which is the same rating as the low income kids do. gerri: that is unbelievable, michelle. that is a real newsflash for parents all over the country, what do we do about it? >> we have to make sure their are highly effective teachers in every classroom, parents have options for sending their kids to a high-quality school program and the last thing tied to what we were talking about, making sure we have effective use of taxpayer dollars. a lot of middle and upper middle income households in this country, their kids are going to school everyday, they think they're getting a good education but they actually don't know what kind of return on investment taxpayers are getting. gerri: answer tha answered thatn could be very difficult. i wanted the degree to which so many teachers are unionized is one of those things drain money out
the minority kids in the inner cities and that actually isn't true at all. if you look at the top u.s. kids based on income and compare them to the top kids in other countries across the globe, you will see our kids actually ranked 23rd, which is the same rating as the low income kids do. gerri: that is unbelievable, michelle. that is a real newsflash for parents all over the country, what do we do about it? >> we have to make sure their are highly effective teachers in every classroom,...